Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Management
• Climate Change
• Green Operations
• Energy and Resources Management
• Emission Control
• Waste Management
• Water Management
• Occupational Safety and Health Management
• Talent Management
• Corporate Governance
• Supply Chain Management
• Community Investment

Environmental Achievements

• Reduced paint consumption by about 2kg per 40-foot container through automated spraying.
• Reduced product defect rate by about 5% through a welding robotic system.
• Developed photovoltaic specialized containers ('inverter container').
• All factories obtained ISO14001 environmental management system certification.

Social Achievements

• Developed a mobile nucleic acid testing laboratory.
• Donated container houses and other materials to support pandemic prevention efforts.
• Achieved 0 product recalls.
• Achieved 100% on-time delivery.

Governance Achievements

• Established an ESG Reporting Working Group.
• Implemented a whistle-blowing policy.
• No corruption lawsuits.

Climate Goals & Targets

Environmental Challenges

• Emissions and waste management during production.
• Information security and personal data protection.
• Occupational health and safety.
• Climate change related risks (extreme weather, regulatory changes, market shifts).
• Supply chain disruptions.

Mitigation Strategies

• Implemented various measures to reduce environmental impact and provided environmental protection training.
• Established a 'Personal Data (Privacy) Policy' and adopted measures to avoid external network attacks.
• Maintained a healthy working environment through regular inspections and training, and increased equipment automation.
• Formulated a 'Special Emergency Plan for Storm and Typhoon Prevention'.
• Implemented energy-saving and emission-reduction measures and complied with environmental laws and regulations.
• Developed environmentally-friendly customized containers.
• Developed a flexible procurement work process and maintained multiple suppliers for the same raw materials.
• Implemented strict requirements on suppliers and supply chain management, including quality inspections and supplier communication.

Supply Chain Management

Supplier Audits: Annual audits for suppliers

Responsible Procurement

• Maintaining two or more suppliers for the same type of raw materials.
• Reviewing supplier's business license and qualification.
• Assessing product quality, production scale, and supply capacity.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, typhoons, hot weather)

Transition Risks

• Tightening environmental regulations

Opportunities

• Market demand for green products and renewable energy.

Reporting Standards

Frameworks Used: HKEX Environmental, Social and Governance Reporting Guide, Task Force on Climate-Related Financial Disclosure Final Report

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Photovoltaic specialized containers ('inverter container')
• Mobile medical laboratories

Awards & Recognition

• China Container Industry Anti-pandemic Pioneer Team
• Anti-pandemic Warrior in China’s Container Industry

Environmental Metrics

ESG Focus Areas

• Quality Assurance
• Occupational Safety and Health Management
• Compliance and Business Ethics
• Environmental Management
• Climate Change Strategy
• Green Production Practices
• Efficient Production Chain
• Caring for Employees
• Cultivate Talents
• Embrace Diversities
• Work Safely

Environmental Achievements

• 100% of our principal place of business obtaining ISO 14001 Environmental Management System Certification
• Xiamen Pacific and Huizhou Singamas passed ISO 50001 Energy Management System Certification
• Initiated a number of solar power projects, generating about 2,198.71 MWh in 2023
• Reduced paint consumption per container by approximately 2kg after the introduction of automation technology for 40-foot containers
• Reduced product defect rate by about 5% with the application of the welding robotic system
• Increased production speed by approximately 10% with the introduction of Automatic Drilling Machine for floorboard

Social Achievements

• 100% pass rate of ISO 45001 Occupational Health and Safety Management Systems Certification for all factories
• 30,537.50 total training hours
• Zero work-related mortality
• Only 1 complaint during the year, and it has been dealt with. No product recall due to quality issues.
• Implemented advanced industrial sewage treatment systems in Huizhou Singamas, achieving zero discharge of industrial wastewater

Governance Achievements

• 19 of employees completed in-house anti-corruption training in 2023
• Zero corruption lawsuits
• Established a whistleblowing mechanism

Climate Goals & Targets

Environmental Challenges

• Risk to reputation and environment due to poor waste and resources management
• Risk of safety hazards for employees at manufacturing sites resulting in injury or fatality
• Risk of physical and mental health issues for employees and the community
• Potential consequences such as litigation, fines from product claims or recalls, reputational damage and commercial risk due to leakage of corporate and personal data and information
• Long-term changes in climate patterns may lead to changes in rainfall, extreme weather fluctuations, rising average temperatures and sea level, which may increase the Group’s risk management costs.
• Regulatory requirements related to climate change in operations, products and services are more stringent, leading to an increase of operating costs including compliance costs and product development costs.
• Market and governments of various countries would choose green products as priority due to their increasing concerns about climate change as well as the increasing acceptability of renewable energy.

Mitigation Strategies

• Established the ESG Working Group in 2021 to improve ESG governance structure
• Implemented a range of energy-saving and emission-reduction initiatives
• Implemented a range of energy-saving and emission-reduction initiatives throughout its factories
• Consistently endeavors to improve energy conservation and emission reduction practices
• Implemented advanced industrial sewage treatment systems in Huizhou Singamas, achieving zero discharge of industrial wastewater
• Implemented measures to recycle wastewater in Xiamen Pacific
• Actively adopts new technologies and processes to reduce the generation of non-hazardous waste, increase recycling rates, and improve processing efficiency
• Investing in automation and upgrading existing equipment to mitigate risks associated with material and labor costs
• Committed to the research and development of various innovative products, especially renewable energy containers

Supply Chain Management

Responsible Procurement

• Green procurement practices
• Commitment on Prohibition of Using Conflict Minerals
• Supplementary Agreement on Environmental Protection Control
• Supplier Environmental and Safety Agreement

Climate-Related Risks & Opportunities

Physical Risks

• Long-term changes in climate patterns may lead to changes in rainfall, extreme weather fluctuations, rising average temperatures and sea level

Transition Risks

• Regulatory requirements related to climate change in operations, products and services are more stringent
• Market and governments of various countries would choose green products as priority

Opportunities

• Increased demand for renewable energy containers

Reporting Standards

Frameworks Used: HKEX Environmental, Social and Governance Reporting Guide

Certifications: ISO 14001, ISO 50001, ISO 9001, ISO 45001

UN Sustainable Development Goals

• 7
• 9
• 11
• 12
• 13
• 17

The Group aligns its sustainability strategy with the United Nations Sustainable Development Goals

Sustainable Products & Innovation

• Energy storage containers

Awards & Recognition

• 2022 Outstanding Contribution Award for Economic and Social Development in Yanghang Town
• Special Contribution Award for Foreign Investment
• 2023 Top 10 Manufacturing Private Enterprises in Tongan District
• “Assessed Supplier” Certification by Alibaba
• High-tech Enterprises
• The R&D Project was Selected as the “2022 Science and Technology Plan Project in the Field of Social Development in Huizhou”
• “Excellent Award of Provincial Product Design Team”
• “Second Prize of Huizhou Product Design Team”
• “Excellent Award of Huizhou Product Design Team”
• “Innovative Small and Medium-Sized Enterprise of Guangdong Province”
• “Specialized and New” Small and Medium-Sized Enterprise in 2022